Europe Anime Market Summary, Competitive Analysis and Forecast to 2027

United Kingdom (UK) Bioplastics Market Summary, Competitive Analysis and Forecast to 2027
Summary

Bioplastics in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key HighlightsBioplastics are a type of plastic material derived from renewable sources such as plants, agricultural by-products, and microorganisms. Unlike traditional plastics, which are made from fossil fuels, bioplastics are made using biological materials and processes.The UK bioplastics market had total revenue of $0.3 billion in 2022, representing a compound annual growth rate (CAGR) of 13.1% between 2017 and 2022.Market consumption volume increased with a CAGR of 13.4% between 2017 and 2022, to reach a total of 59.8 thousand tonnes in 2022.The market for bioplastics increased by 16.2% in 2022 owing to factors like is consumer acceptance of plant-based products, legislative support for the creation of biodegradable packaging materials, and an abundance of renewable raw material sources.ScopeSave time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the bioplastics market in the United KingdomUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the bioplastics market in the United KingdomLeading company profiles reveal details of key bioplastics market players’ global operations and financial performanceAdd weight to presentations and pitches by understanding the future growth prospects of the United Kingdom bioplastics market with five year forecastsReasons to BuyWhat was the size of the United Kingdom bioplastics market by value in 2022?What will be the size of the United Kingdom bioplastics market in 2027?What factors are affecting the strength of competition in the United Kingdom bioplastics market?How has the market performed over the last five years?Who are the top competitors in the United Kingdom's bioplastics market?